Archer Accounts Payable vs Common Stock Shares Outstanding Analysis

ADM Stock  USD 62.44  2.30  3.82%   
Archer Daniels financial indicator trend analysis is way more than just evaluating Archer Daniels Midland prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Archer Daniels Midland is a good investment. Please check the relationship between Archer Daniels Accounts Payable and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Archer Daniels Midland. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Accounts Payable vs Common Stock Shares Outstanding

Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Archer Daniels Midland Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Archer Daniels' Accounts Payable and Common Stock Shares Outstanding is -0.66. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Archer Daniels Midland, assuming nothing else is changed. The correlation between historical values of Archer Daniels' Accounts Payable and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Archer Daniels Midland are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Accounts Payable i.e., Archer Daniels' Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Archer Daniels obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Archer Daniels Midland are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Archer Daniels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Archer Daniels Midland current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Archer Daniels Midland. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
At this time, Archer Daniels' Selling General Administrative is very stable compared to the past year. As of the 2nd of June 2024, Enterprise Value Over EBITDA is likely to grow to 11.65, while Tax Provision is likely to drop about 465.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense265M396M685M366.2M
Depreciation And Amortization996M1.0B1.1B702.3M

Archer Daniels fundamental ratios Correlations

0.770.110.810.960.910.610.70.060.940.330.060.91-0.650.880.88-0.16-0.210.990.520.970.330.9-0.38-0.03-0.24
0.770.350.490.810.830.90.560.010.770.23-0.020.57-0.60.910.880.180.10.720.390.720.710.58-0.2-0.08-0.15
0.110.350.240.180.150.150.590.760.15-0.630.720.2-0.440.260.220.77-0.50.060.730.080.070.24-0.020.660.68
0.810.490.240.680.610.390.820.310.710.260.30.81-0.690.560.61-0.22-0.520.860.750.820.160.85-0.410.24-0.03
0.960.810.180.680.960.60.670.110.920.180.120.89-0.610.930.910.03-0.160.910.470.920.330.85-0.270.0-0.16
0.910.830.150.610.960.670.670.070.910.140.080.8-0.640.960.850.04-0.120.850.360.840.360.72-0.320.0-0.22
0.610.90.150.390.60.670.41-0.310.630.44-0.340.41-0.50.780.74-0.010.310.590.210.550.730.41-0.22-0.29-0.39
0.70.560.590.820.670.670.410.550.75-0.110.520.73-0.910.680.520.15-0.70.690.850.61-0.020.75-0.570.530.09
0.060.010.760.310.110.07-0.310.550.03-0.710.990.18-0.330.010.010.6-0.740.020.650.08-0.220.210.030.80.79
0.940.770.150.710.920.910.630.750.030.310.010.84-0.810.930.76-0.18-0.30.920.490.820.180.84-0.610.05-0.37
0.330.23-0.630.260.180.140.44-0.11-0.710.31-0.740.15-0.110.190.25-0.820.370.42-0.20.320.340.25-0.31-0.65-0.81
0.06-0.020.720.30.120.08-0.340.520.990.01-0.740.19-0.280.00.010.6-0.720.020.610.09-0.240.190.080.770.81
0.910.570.20.810.890.80.410.730.180.840.150.19-0.580.750.75-0.09-0.380.90.60.890.080.93-0.310.06-0.09
-0.65-0.6-0.44-0.69-0.61-0.64-0.5-0.91-0.33-0.81-0.11-0.28-0.58-0.7-0.440.050.61-0.66-0.68-0.490.0-0.660.8-0.430.21
0.880.910.260.560.930.960.780.680.010.930.190.00.75-0.70.860.07-0.090.830.40.780.40.7-0.4-0.04-0.27
0.880.880.220.610.910.850.740.520.010.760.250.010.75-0.440.860.140.10.830.460.90.620.77-0.04-0.13-0.09
-0.160.180.77-0.220.030.04-0.010.150.6-0.18-0.820.6-0.090.050.070.14-0.07-0.280.29-0.130.15-0.120.450.450.77
-0.210.1-0.5-0.52-0.16-0.120.31-0.7-0.74-0.30.37-0.72-0.380.61-0.090.1-0.07-0.24-0.67-0.130.58-0.430.53-0.76-0.31
0.990.720.060.860.910.850.590.690.020.920.420.020.9-0.660.830.83-0.28-0.240.520.960.320.9-0.43-0.04-0.29
0.520.390.730.750.470.360.210.850.650.49-0.20.610.6-0.680.40.460.29-0.670.520.5-0.010.73-0.320.590.37
0.970.720.080.820.920.840.550.610.080.820.320.090.89-0.490.780.9-0.13-0.130.960.50.420.88-0.18-0.07-0.13
0.330.710.070.160.330.360.73-0.02-0.220.180.34-0.240.080.00.40.620.150.580.32-0.010.420.10.35-0.35-0.01
0.90.580.240.850.850.720.410.750.210.840.250.190.93-0.660.70.77-0.12-0.430.90.730.880.1-0.420.14-0.12
-0.38-0.2-0.02-0.41-0.27-0.32-0.22-0.570.03-0.61-0.310.08-0.310.8-0.4-0.040.450.53-0.43-0.32-0.180.35-0.42-0.240.56
-0.03-0.080.660.240.00.0-0.290.530.80.05-0.650.770.06-0.43-0.04-0.130.45-0.76-0.040.59-0.07-0.350.14-0.240.58
-0.24-0.150.68-0.03-0.16-0.22-0.390.090.79-0.37-0.810.81-0.090.21-0.27-0.090.77-0.31-0.290.37-0.13-0.01-0.120.560.58
Click cells to compare fundamentals

Archer Daniels Account Relationship Matchups

Archer Daniels fundamental ratios Accounts

201920202021202220232024 (projected)
Short Long Term Debt Total9.9B11.1B10.6B10.3B9.6B6.1B
Other Current Liab2.9B4.3B4.2B4.1B11.3B11.9B
Total Current Liabilities13.7B18.2B21.9B24.2B18.7B19.6B
Total Stockholder Equity19.2B20B22.5B24.3B24.1B12.8B
Property Plant And Equipment Net11.1B10.9B10.8B11.0B11.7B7.3B
Net Debt9.0B10.4B9.6B9.3B4.2B5.1B
Retained Earnings19.0B19.8B21.7B23.6B26.2B27.5B
Cash852M666M943M1.0B5.4B5.7B
Non Current Assets Total22.7B22.4B24.2B24.4B24.9B12.9B
Non Currrent Assets Other965M1.1B1.4B1.3B(443M)(420.9M)
Cash And Short Term Investments852M666M943M1.0B5.4B5.7B
Net Receivables5.2B5.0B5.8B7.6B6.5B3.9B
Common Stock Shares Outstanding567M565M563M566M542M552.5M
Non Current Liabilities Total11.0B11.4B11.4B11.0B11.5B6.8B
Inventory9.2B11.7B14.5B14.8B12.0B6.5B
Other Current Assets167M135M82M153M5.9B6.2B
Other Stockholder Equity(41M)(52M)51M33M(7.6B)(7.2B)
Total Liab24.7B29.6B33.4B35.2B30.2B15.3B
Property Plant And Equipment Gross10.1B11.1B26.2B26.8B29.2B30.7B
Total Current Assets21.3B27.3B31.9B35.4B29.8B15.3B
Accumulated Other Comprehensive Income(2.4B)(2.6B)(2.2B)(2.5B)(2.5B)(2.6B)
Short Term Debt1.4B2.3B1.8B1.7B406M385.7M
Accounts Payable3.7B4.5B6.4B7.8B6.3B3.4B
Common Stock Total Equity2.7B2.8B3.0B3.1B2.8B3.7B
Short Term Investments3M61M46M109M7.2B7.6B
Common Stock2.7B2.8B3.0B3.1B8.1B8.5B
Other Liab2.5B3.6B3.4B2.4B2.8B1.6B
Other Assets965M(16.1B)2.4B2.4B2.2B2.3B
Long Term Debt7.7B7.9B8.6B8.7B8.3B6.7B
Property Plant Equipment10.1B10.0B9.9B9.9B11.4B8.9B
Good Will3.4B3.5B4.2B4.2B4.1B4.3B
Intangible Assets2.1B2.1B2.6B2.4B2.2B2.3B
Net Tangible Assets19.3B20.1B15.8B24.6B28.3B19.1B
Current Deferred Revenue5.6B7.1B9.5B10.6B626M594.7M
Retained Earnings Total Equity19.0B19.8B21.7B23.6B27.2B17.2B

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When determining whether Archer Daniels Midland is a strong investment it is important to analyze Archer Daniels' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Archer Daniels' future performance. For an informed investment choice regarding Archer Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Archer Daniels Midland. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Archer Daniels Midland information on this page should be used as a complementary analysis to other Archer Daniels' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Archer Daniels' price analysis, check to measure Archer Daniels' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Archer Daniels is operating at the current time. Most of Archer Daniels' value examination focuses on studying past and present price action to predict the probability of Archer Daniels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Archer Daniels' price. Additionally, you may evaluate how the addition of Archer Daniels to your portfolios can decrease your overall portfolio volatility.
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Is Archer Daniels' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Archer Daniels. If investors know Archer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Archer Daniels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
1.85
Earnings Share
5.73
Revenue Per Share
172.468
Quarterly Revenue Growth
(0.09)
The market value of Archer Daniels Midland is measured differently than its book value, which is the value of Archer that is recorded on the company's balance sheet. Investors also form their own opinion of Archer Daniels' value that differs from its market value or its book value, called intrinsic value, which is Archer Daniels' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Archer Daniels' market value can be influenced by many factors that don't directly affect Archer Daniels' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Archer Daniels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Archer Daniels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Archer Daniels' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.